The global GNSS Simulators Market size to grow from USD 106 million in 2020 to USD 165 million by 2025, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period. Various factors such as rapid penetration of consumer IoT, the contribution of 5G in enabling ubiquitous connectivity, and increasing use of wearable devices utilizing location information are expected to drive the adoption of the GNSS simulators hardware, software, and services.
The hardware segment to hold a larger market size during the forecast period
The GNSS simulators market, by component, has been segmented into hardware, software, and services. The hardware segment is expected to account for a larger market size in the coming years in the GNSS simulators market as it enables signal simulations and plays a key role in the simulation process.
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The automotive vertical segment to hold higher CAGR during the forecast period
The GNSS simulators market by vertical has been segmented into military and defense, automotive, consumer electronics, aerospace, and marine, and other verticals (agriculture, construction, and rail and road). The automotive vertical segment is expected to hold a higher CAGR during the forecast period in the GNSS simulators market. GNSS offers a cost-effective and accurate way of determining position in real-time. Ride-sharing apps, such as Uber and Lyft, car-sharing, usage-based insurance apps, dynamic toll charging, and parking apps all depend on the real-time location of the car. GNSS offers sufficient accuracy for all these apps by providing location coordinates leading to its adoption in the automotive vertical.
According to MarketsandMarkets, Global Navigation Satellite System (GNSS) is a system that provides navigation and other services to users worldwide. It comprises a constellation of satellites, which broadcast signals that are processed by GNSS receivers to determine location, speed, and time for users anywhere in the world. A GNSS simulator provides effective and efficient means to test GNSS receivers and the systems that rely on them. A GNSS simulator emulates the environment of a GNSS receiver on a dynamic platform by modeling vehicle and satellite motion, signal characteristics, and atmospheric and other effects, causing the receiver to navigate according to the parameters of the test scenario. The new GNSS simulator aims to create real-world scenarios for automotive and wireless developers by creating scenarios, such as obscuration from buildings, tunnels and bridges, and multipath propagation.
Some of the key players operating in the GNSS simulators market include Spirent Communications (US), Rohde & Schwarz (Germany), VIAVI Solutions (US), Hexagon (Sweden), Keysight Technologies (US), u-blox (Switzerland), Orolia (US), CAST Navigation (US), Accord Software and System (India), IFEN (Germany), Racelogic (UK), Syntony GNSS (France), Teleorbit (Germany), iP-Solutions (Japan), Pendulum Instruments (Poland), Saluki Technology (Taiwan), Shanghai Huace Navigation Technology Ltd (China), Averna (Canada), GMV NSL (England), Brandywine Communications (US), Jackson Labs Technologies (US), Hunan Shuangln Electronic Technology (China), Work Microwave (Germany), Qascom (Italy), and M3 Systems (France). These GNSS simulators vendors have adopted various organic and inorganic strategies to sustain their positions and increase their market shares in the global GNSS simulators market.
Spirent Communications was founded in 1936 and is headquartered in California, US. The company provides innovative solutions that enable IT and communications industries to evaluate the performance, agility, and security of the latest technologies, infrastructure, and applications, which are deployed worldwide. It is the leading global provider of automated test and assurance solutions for networks, cybersecurity, and positioning. Spirent Communications is organized into three operating segments: networks and security, lifecycle service assurance, and connected devices. It provides solutions for continuous integration, test, deployment, and change management to enable the practice of DevOps. The company leverages the benefits of its orchestration tools with its testing automation and change management tools, such as iTest and Velocity. It has its geographic presence in the Americas, Europe, MEA, and APAC. In the GNSS simulators market, Spirent Communications offers Positioning, Navigation, and Timing (PNT) Testing solutions, GNSS simulation solutions, SimGEN Simulation Control Software, and SimIQ Software-in-the-Loop Solution. Spirent Communications enables innovation and development in the GNSS and assures optimal performance using positioning, navigation, and timing solutions.
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Rohde & Schwarz was founded in 1933 and is headquartered in Munich, Germany. It is a privately held company specializing in the field of electronic test and measurement equipment. Rohde & Schwarz develops, produces, and markets a wide range of electronic capital goods for various industries, such as aerospace, defense, and electronics, as well as for critical infrastructure operators and government customers. The company is known for the quality, precision, and innovation of its products. The company operates in four business units: test and measurement; broadcast and media; aerospace, defense and security; and networks and cybersecurity. Rohde & Schwarz offers its products and solutions for use in wireless communication, aerospace and defense, homeland security, electronics, and critical infrastructure applications. Its R&D unit is located in Germany. The centers in the US, Korea, China, Denmark, France, and Great Britain implement applications that are tailored to the requirements of local customers. The solutions offered by Rohde & Schwarz in the GNSS simulators market are GNSS waveforms, GNSS production testers, GNSS constellation simulators, and high-end GNSS constellation simulators.
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